1-bedroom flat · TS17 6AD
For saleListed 641 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Here we have a spacious one bedroom abode situated in this beautifully modern and well-maintained Apartment block.
The property is situated a stone's throw away from Thornaby Train Station and with excellent access links to both Durham University Queens Campus and Teesside University With Apartments here currently achieving above a 10% Yield you don't want to miss out on this place.
Internals; Communal Areas You enter the Apartment block into a secure spacious communal Entrance Hallway with fire door access to a variety of communal rooms.
The wonderful modern building benefits from two communal Kitchen spaces which come with a wide range of wall and floor mounted cream high sheen base units.
Present here we have two inset ovens, induction hobs and with overhead stainless steel extractor units. Also fitted with two American style fridge freezers, microwave oven and two washing machines.
The spaces are presented with uPVC double glazed window for rear elevation.
Both communal Kitchens contain adjoining Dining Room area aswell as relaxing Lounge space containing sofa set and Television, presented with neutral appearance.
Each floor of the building comes with a convenient communal w/c with freestanding sink unit. Room 12 This particular Apartment is situated on the second floor of the building.
Presented with neutral appearance the space here contains uPVC double glazed window providing endless natural light, electric radiator for heating and plenty of electrical units.
Furnishings include double bed with additional storage, desk and chair set with overhead shelving and double wardrobe set.
The room also benefits from wired smoke detection and recently laid carpet flooring. Room 12 benefits from en-suite Bathroom facilities.
Here we have a spacious walk-in shower cubicle, w/c and freestanding sink unit.
The space has been decorated with uPVC clad walls, vinyl flooring and with uPVC double glazed frosted window for rear elevation.
Please note: This property benefits from electric only heating system with UPVC double glazing also A staple of the buildin G.
The ground rent is payable to Premier Ground Rents which the current vendor pays quarterly at an agreed amount of £145.62. On top of this the building has a service charge of £3030 for the year.
The Area; An incredible Apartment this is situated a short walk to the River Tees in one direction with Bars, Restaurants, Watersports etc and across the bridge into central Stockton in the other with a range of shops, cafes and the much lauded Globe Theatre.
The property is conveniently located just of the A66 and A19 Motorways with easy access to the neighbouring towns of Middlesbrough, Darlington and Hartlepool.
Education facilities are on your doorstep as are business and leisure parks. So Who's it for I hear you ask?
This is the dream opportunity for somebody looking to step onto the Investment ladder with yield potential up to 10% and situated in a prime Stockton-On-Tees location you really can't afford to miss out on this place.
EweMove Estate Agents Middlesbrough are a multi aware winning agency who offer flexible viewing appointments Including evening & weekends!
You can call, text, WhatsApp message or email us to secure your booking, get in touch today.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 3-5 Mandale Road, Thornaby, Stockton-on-Tees, TS17 6AD
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